A new national securities exchange is in the works.
A consortium of big-name retail broker-dealers, banks and various other financial services firms are looking to launch a new equities exchange called MEMX, or Members Exchange.
The consortium inclu.....»»

Boston ranks as the fifth-most expensive city among 40 global cities, according to a comparison of the cost of doing business for the banking and financial services industry. But banks and financial services firms are prioritizing technologies such as.....»»

Looking for a financial planner? We invite you to start with our annual Top 25 lists, which are split into fee and commission firms, fee-only firms and banks that offer financial planning services.
What defines a fee and commission (also referred t.....»»

Apple Inc has teamed up with Chinese payments giant Ant Financial Services Group and several local banks to offer interest-free financing, its first such move in the country as it looks to boost waning smartphone sales......»»

BB&T Corp.’s pending purchase of SunTrust Banks Inc. – the largest bank acquisition in a decade – is on track to not only reshape the financial services landscape in the southeastern United States. It could also push other regional lenders to.....»»

A yearlong inquiry into misconduct in Australia’s financial industry uncovered a litany of scandals, including charging for services that were never provided, forging loan documents, lying to regulators and pushing customers into bad investments to.....»»

A yearlong inquiry into misconduct in Australia’s financial industry uncovered a litany of scandals, including charging for services that were never provided, forging loan documents, lying to regulators and pushing customers into bad investments to.....»»

The Federal Reserve moved on Tuesday to make its stress testing of large banks more transparent, providing financial firms significantly more information about how their portfolios would perform under potential economic shocks......»»